A bachelor who had "always lived" with his sisters, Lloyd died on 29 May 1907 at his sister's house in South Kensington, London.[6] He was buried "as a commoner" on 3 June at St James's parish church, Benwell, where he had lived at Benwell Towers, the bishop's palace; there is, however, an alabaster memorial to him at Newcastle Cathedral.[13] The cathedral memorial was unveiled at a large service on 29 July 1919.[14] On 11 March 2012, Martin Wharton, Bishop of Newcastle, rededicated Lloyd's grave at Benwell, following its restoration after serious neglect.[15]